Conservatively Levered Balance SheetA low debt-to-equity ratio enhances financial stability and flexibility, allowing the fund to navigate market fluctuations effectively.

Strong ProfitabilityHigh profitability margins indicate efficient operations and strong returns on investments, supporting sustainable distributions to investors.

Revenue ReboundSignificant revenue growth suggests improved market conditions and investment performance, enhancing the fund's capacity for future distributions.

Bears Say

Volatile Cash FlowNegative and volatile cash flow can hinder the fund's ability to maintain consistent distributions, posing a risk to investor returns.

Uneven Revenue TrendsInconsistent revenue trends may indicate underlying market or operational challenges, affecting long-term growth and stability.

Return Of CapitalReturning capital to investors instead of income can erode the fund's asset base, potentially reducing future income-generating capacity.

Canoe EIT Income Fund News

Canoe EIT Income Fund to Raise $300 Million Through New Preferred Unit Offering

Canoe EIT Income Fund ( ($TSE:EIT.UN) ) has shared an update. Canoe EIT Income Fund has announced a...

1M ago

Canoe EIT Income Fund Declares Special Non-Cash Distribution of $0.447 per Unit

The latest announcement is out from Canoe EIT Income Fund ( ($TSE:EIT.UN) ). Canoe Financial has announced a...

2M ago

Canoe EIT Income Fund Declares January 2026 Monthly Distribution of $0.10 Per Unit

An announcement from Canoe EIT Income Fund ( ($TSE:EIT.UN) ) is now available. Canoe EIT Income Fund has...

2M ago

Canoe EIT Income Fund Announces Estimated Special Non-Cash Distribution

Canoe EIT Income Fund ( ($TSE:EIT.UN) ) has issued an announcement. Canoe Financial has announced an estimated special...

2M ago

Canoe EIT Income Fund Sets 2025 Redemption Price at $15.36 Per Unit

Canoe EIT Income Fund ( ($TSE:EIT.UN) ) has issued an announcement. Canoe EIT Income Fund has announced the...

3M ago

Canoe EIT Income Fund Declares December 2025 Distribution

Canoe EIT Income Fund ( ($TSE:EIT.UN) ) has issued an update. Canoe EIT Income Fund announced its December...

3M ago

Canoe EIT Income Fund Reports 2025 Redemption Results

Canoe EIT Income Fund ( ($TSE:EIT.UN) ) just unveiled an announcement. Canoe EIT Income Fund announced the results...

3M ago

Canoe EIT Income Fund Declares November 2025 Distributions

An announcement from Canoe EIT Income Fund ( ($TSE:EIT.UN) ) is now available. Canoe EIT Income Fund announced...

4M ago

Canoe EIT Income Fund Announces 2025 Voluntary Cash Redemption

Canoe EIT Income Fund ( ($TSE:EIT.UN) ) has provided an update. Canoe EIT Income Fund has announced its...

5M ago

Canoe EIT Income Fund Declares October 2025 Distribution

Canoe EIT Income Fund ( ($TSE:EIT.UN) ) just unveiled an announcement. Canoe EIT Income Fund announced its October...

5M ago

EIT.UN FAQ

What was Canoe EIT Income Fund’s price range in the past 12 months?

Canoe EIT Income Fund lowest stock price was C$13.28 and its highest was C$17.26 in the past 12 months.

What is Canoe EIT Income Fund’s market cap?

Currently, no data Available

When is Canoe EIT Income Fund’s upcoming earnings report date?

Canoe EIT Income Fund’s upcoming earnings report date is Mar 20, 2026 which is in 18 days.

How were Canoe EIT Income Fund’s earnings last quarter?

Canoe EIT Income Fund released its earnings results on Aug 18, 2025. The company reported C$0.95 earnings per share for the quarter, beating the consensus estimate of N/A by C$0.95.

Is Canoe EIT Income Fund overvalued?

According to Wall Street analysts Canoe EIT Income Fund’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Canoe EIT Income Fund pay dividends?

Canoe EIT Income Fund pays a Monthly dividend of C$0.1 which represents an annual dividend yield of 7.63%. See more information on Canoe EIT Income Fund dividends here

What is Canoe EIT Income Fund’s EPS estimate?

Canoe EIT Income Fund’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Canoe EIT Income Fund have?

Canoe EIT Income Fund has 187,027,160 shares outstanding.

What happened to Canoe EIT Income Fund’s price movement after its last earnings report?

Canoe EIT Income Fund reported an EPS of C$0.95 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -0.062%.

Which hedge fund is a major shareholder of Canoe EIT Income Fund?

Currently, no hedge funds are holding shares in TSE:EIT.UN

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Canoe EIT Income Fund

Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth and value stocks of mid-cap and large-cap companies. It invests in equity and debt securities of royalty and income trusts, corporations, partnerships, or other issuers. The fund was formerly known as EnerVest Diversified Income Trust. Canoe EIT Income Fund was formed on August 5, 1997 and is domiciled in Canada.